by threshold | Apr 6, 2017 | All, Marketing
Reasons to Rebrand
We get a lot of requests for rebrand projects from new property owners, especially those who’ve bought older properties. If you’re an owner taking over a property, you might want that property’s branding to fall more in line with the other communities you own. A rebrand makes a statement to the surrounding community that your property is serious about its image.
Recent renovations also cause property owners to come to Threshold for marketing ideas for apartments in the midst of a rebrand. The big payoff for big renovations is the ability to promote them. When you make renovations, and do a rebrand, you can promote your property in a whole new way to a whole new audience.
Finally, poor reputations can also cause owners to consider rebranding. Past a certain point, your property’s reputation cannot be saved, no matter how much time you dedicate to reputation management. If that’s the case, a rebrand can give your property a fresh start.
Obstacles to Overcome
Losing a name associated with negative reviews is great, but you’ll also lose plenty of equity in the community from people who’ve knew about your property’s old name. Online, you’ll have to take certain steps to combat the loss of domain and page authority that your website has built up over the years. At Threshold, we combat this by mapping your old URLs to similar pages on your new website.
There are a million moving parts to take care of when your property gets a new name, especially in today’s age of multiple online social media pages and apartment finder websites. It’s a complicated process to update every little detail, but it’s worth it—and entirely necessary— when launching a new brand into the market.
Your new site will have to build up trust with Google over time, no matter how much work your advertising agency does to combat the loss of SEO mojo from your old brand. However, property managers can drive traffic to their site right away by launching Google AdWords campaigns.
With AdWords, you can show up in search results right away because you’ve paid to be there. That will immediately drive traffic to your new site and speed up the trust-building process with Google.
Take Good Care of Your New Brand
As property managers know, renters care deeply about the lifestyle their chosen community projects. Sometimes, that projected lifestyle is even more important than the amenities or the square footage. Doing a rebrand can help your property show off an entirely different lifestyle than the old brand was putting out there. You can do all this without making major renovations.
We talked about changing the property’s social media pages to suit the new brand, but the voice and tone on social media should change as well. When we create new brands at Threshold, we don’t create them to be permanent. Instead, we develop brands that have the chance to grow and evolve as time goes on. We want our clients to be able to take ownership of their brand and wield it how they see fit. Social media is a perfect place to start trying out your new brand—your new voice.
A rebrand can involve anything from naming and a logo to a full-blown collateral update, including digital apartment marketing materials such as your website. We’re here with game-changing apartment marketing ideas when your property is ready for a rebrand. Whether you’ve just purchased a new property that needs to present a new face to the market, or you’re just sick of looking at a stagnant logo, Threshold can help.
by threshold | Mar 22, 2017 | All, Marketing
Why Combining Content Marketing and PR Strategies Is a Good Idea
To achieve business success in today’s digital environment, it’s always best to have content marketing and public relations help on staff.
Until very recently, both teams had similar agendas, yet worked separately from one another.
Things are very different now and content marketing and PR teams now seem to be working together more and more. Especially since most are remote workers, it’s easy for them to work together on modern approaches.
This makes sense since they both work in a similar fashion to achieve additional exposure online.
Each one of these teams can deliver the goods as far as online exposure is concerned. But when they work together, their efforts are magnified and together they achieve much greater heights.
Are you thinking about integrating your PR and content marketing teams?
We feel this is a no-brainer, but maybe you haven’t come to the same conclusion.
To help you better understand why these team should always work together from now on, we will share a few different reasons to help you finally see the light.
Putting Everyone’s Head Together Makes Idea Generation a Snap
Whether you’re trying to gain media attention for a hot new restaurant, an app, or a website focused on tech solutions, it’s never easy to come up with story placement ideas that meet the latest trends.
Separately, both of these teams had to find out precisely what bloggers and journalists wanted to publish online. And they also had to discover precisely what their target audience wanted to know more about.
Working together, both teams have the ability to stay far ahead of the curve. They can brainstorm ideas together, research together, and ultimately get better publication placements by working together as a group.
As each team figures out what to expect with placements, the content marketing side will achieve better results because they will target their audience correctly and share relevant content that everyone wants to read.
PR teams will also improve by working with content marketers because they can use all resources to find better placements, better story ideas, and keep the brand message consistent at all times.
Working Together Helps Amplify the Reach of Your Content
Content marketing is specifically focused on creating blog posts, webinars, articles, and other brand identification materials.
On the other hand, public relations work well because they have personal connections with the biggest influencers in your market.
By utilizing these connections, they can get better story placements and additional exposure during product launches and other times when they need an extra boost.
The combination of both of these teams creates an influential and powerful way to touch base with your target market. With every successful product launch they will be able to repeat the successes in a new mission.
But there is one other amazing benefit that you get when you combine PR and content marketing.
Sure, you’ll definitely find your target audience a lot faster. And that’s a great thing that everyone should strive for.
Guess what?
Combining PR and content marketing also makes it possible to reach a new, broader, hungrier audience as well.
Most companies are already investing in PR and content marketing.
By combining both of these avenues of outreach, you’ll have a better chance at increasing your ROI since both teams are already working toward the same objective.
Achieving Brand Message Consistency
Finally, having your PR and content marketing team working together means your brand message is always going to be on the same page.
Why is that?
Well, both teams always know what the other is doing.
By having access to this information, they can share similar stories and focus their content in a similar way so that their message is clear at all times.
Conclusion
As you can see, having content marketing and PR teams working together is definitely a great idea. If you haven’t tried it yet, you should give it a shot and see the amazing results for yourself.
Author Bio
Wendy Dessler
Title: Super-Connector at OutreachMama
Wendy is a super-connector with OutreachMama and Towering SEO who helps businesses find their audience online through outreach, partnerships, and networking. She frequently writes about the latest advancements in digital marketing and focuses her efforts on developing customized blogger outreach plans depending on the industry and competition.
by threshold | Mar 13, 2017 | All, Culture
Name: Haley McCarley
Title: Digital Marketing Specialist
Haley takes apartment marketing ideas and turns them into dynamic social media campaigns, effective PPC ads and a whole lot more. Her student housing marketing knowledge helps the entire digital team get a leg up on the competition, keeping CTRs high and spirits even higher.
Get to know Haley below!
What are 3 words you would use to describe Threshold?
Organized, Excited, Inventive
If you had an office nickname, what would it be?
“The lone female on the digital team”
What is your favorite line from a movie?
“Remember Red, hope is a good thing, maybe the best of things, and no good thing ever dies.”
If you were stuck on an island, what three things would you bring?
Paddleboard, Dos Equis, and The Harry Potter series
What is the title of your autobiography?
How Haley Got Her Groove Back
What is/would be your motto or slogan?
Hook ’em horns m/
If you had a superpower, what would it be?
Flying, so I wouldn’t ever have to drive or park in Austin again
What is your hidden talent?
I am pretty awesome at doing makeup, even though I rarely wear it ;P
If you were famous, what would it be for?
Longest Netflix binge in the world
Favorite Austin eats?
Homeslice Pizza and Hopdoddy Burger Bar
by threshold | Feb 15, 2017 | All, Marketing
The demand for creative residential marketing ideas for apartments is higher than ever in this saturated market. After all, the seven year luxury apartment boom may finally be ending. U.S. apartment rental rates have increased 26% since 2010, however, rents only grew by 3.8% in 2016 compared to 5.6% growth in 2015. Furthermore, the Commerce Department has released figures that suggest fewer newly-constructed apartments being rented out this year than last year. In short, rent prices have stopped skyrocketing and new developments are slowing down.
Differentiation is more important than ever in a saturated market. In Threshold’s many years of experience in residential marketing, however, we’ve learned that differentiation is an easily misunderstood concept. Differentiation is not just a unique amenity or industry-first service offering. Differentiation is answering the question, “Why would your ideal resident choose your property over the property down the street?”
Some communities try to differentiate by offering services like bike repair, tanning beds, and even dog washing areas. While the overall service and amenity offering is important at any apartment community, it’s unlikely than any one amenity will convince someone to choose your property over the competition.
Differentiation is as much about identifying your target audience as it is about having a unique marketing message. Here at Threshold, we work with many different residential industry clients and as a result, we end up creating marketing collateral for many different audiences.
When crafting a marketing strategy for senior living communities, we must consider both the potential resident and their child who is often the final decision maker. The same holds true for student housing, though the audiences are obviously vastly different. It’s vitally important in that industry to create messaging that speaks to Generation Z students, but to not do so in such a manner that we alienate the parents who are actually paying the student’s rent.
Multifamily housing presents a different challenge altogether. In that case, the potential resident is also the decision maker, but that person could be anywhere between 22 and 70 years old. Marketing to millennials is just as important as marketing to empty-nesters, and we often have to accomplish both using the same messaging, design and marketing collateral. Advancements in apartment digital marketing tools have helped target specific audiences, but market research and understanding the client’s property is still just as important.
Differentiation doesn’t happen just because your property has the biggest pool in the market or the lowest rent. Differentiation happens when your property is properly positioned—through strategic messaging and design — to fill a gap in the market. Threshold has positioned over 3,300 properties during our combined 242 years of residential experience. Here are a few examples of positioning the client’s property as filling a gap in the market:
- The no-frills, affordable apartment that still offers a hint of luxury.
- The place to gather for a diverse community of young professionals
- The rustic living space in an urban environment
- The senior living community that helps residents maintain an active lifestyle
- The student housing community closest to campus
- The student housing community that doesn’t feel like student housing
As you can see, positioning can be as simple as a location or as complex as a lifestyle promise. Of course, each of these positioning statements requires many hours of research and competitive analysis. In the end, by identifying the target audience and comparing the client’s property to the competition, we’re able to find the differentiation opportunity. It then becomes a matter of crafting the messaging, digital campaigns and residential marketing collateral that best speaks to the primary differences between your property the one down the road.
by threshold | Feb 1, 2017 | All, Marketing
A recent survey of 2,352 marketers revealed that content marketing and big data are expected to be the two biggest marketing trends in 2017. We say trends, but these two residential marketing tools are going to be around for a long time. The truth is, property managers can no longer expect to drive digital traffic or foot traffic with advertising alone. The market is so saturated and the competition is so fierce, brands need to provide something of value before they can expect to receive any customers. That’s where content marketing comes into play.
Effective content marketing is both highly valuable and remarkably difficult to get right. The Content Marketing Institute defines content marketing as, “creating and distributing valuable, relevant and consistent content.” The problem is that the definition of “valuable” changes depending on your property’s target audience, as does the definition of, “relevant.” At Threshold, we combine audience insights from our digital team with copywriting services to create effective content marketing strategies for our clients. Understanding the pool of potential residents is the first step toward developing creative marketing ideas for apartments.
Big data will steer marketing decisions in 2017 in many ways. Modern data measuring tools haven given marketers the ability to accurately measure the success of marketing campaigns, reveal and analyze target audience demographics and target potential customers by filtering through dozens of audience identifiers.
Marketing automation is another digital marketing tool that will drive leases in 2017. Marketing automation can take on many different forms. At Threshold, we developed HOLA (Handy Online Leasing Ambassador) to nurture our clients’ leads from the first point of contact through the signing of the lease. HOLA and other automated marketing tools are much more valuable than simple e-blasts because they’re dynamic. Prospects are funneled into different channels depending on their level of interest and follow-up. Automated marketing systems are especially popular in the residential industry for a number of reasons. For starters, automated systems like HOLA free up the leasing staff to focus on in-person leads and community tours. Secondly, marketing automation can be used to build and maintain digital relationships with current residents, increasing the likelihood they’ll renew.
Geo-specific mobile marketing is another way to increase leads and draw residents away from your competition. Everyone carries a GPS in their pocket these days, which makes marketing to millennials a whole lot easier. Savvy residential marketers are now able to use smart phone location functionality to target prospects within a certain geographical location. We take advantage of this in a couple ways here at Threshold. First, we use geo-targeted advertisements to display a client’s mobile ads to prospects who happen to be near that client’s property. The other method is to target residents who currently lease from the competition. Geofencing allows us to define areas as small as a single building (like the other luxury apartment building down the block) in which to display mobile advertisements. Hey, it’s a competitive world out there.
If your properties don’t have the latest apartment digital marketing tools, contact Threshold today and let’s get your property on the path towards 100% occupancy.
